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BMW and Karma Automotive have signed a new agreement which calls for the German automaker to supply Karma with powertrain components including high-voltage battery charging systems and a "wide range of hybrid and EV systems."

The company was tight-lipped about specifics but confirmed their upcoming sedan will be launched next year and will feature a plug-in hybrid powertrain with BMW-sourced components.

That's not much to go on but previous reports have suggested the model will look virtually identical to the Fisker Karma which went out of production in 2012.  Despite the styling similarities, the new Karma - or whatever is it is named - will feature a number of "noticeable upgrades" in key areas.

There's no word on what will power the new car but the previous Karma had an eco-friendly powertrain that consisted of a turbocharged 2.0-liter petrol engine, a 20 kWh lithium-ion battery and two electric motors.  This setup enabled the car to produce 408 PS (300 kW / 402 hp) and 1,300 Nm (959 lb-ft) of torque.  In terms of performance, the Karma could accelerate from 0-100 km/h in 5.9 seconds and hit a top speed of 200 km/h (124 mph).

In a statement, Karma CEO Tom Corcoran said "The Wanxiang Group is giving Karma Automotive the opportunity to bring a stunning car back to the market, and the partnership with BMW and their outstanding track record is a great fit for the future."  He also added "We will continue to develop beautiful cars with the latest cutting edge hybrid and EV technology."

Gallery: BMW to supply powertrain components to Karma Automotive

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